1860 Prairie Parkway SW, Wyoming, MI 49519

New Listing
$537,500
Property Type: Multi Family Lot Size (sq. ft.): 12,720 Status: Active
Current Price: $537,500 List Date: 6/29/2026 Last Modified: 6/29/2026

Overview

Description

MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs.Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash.With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses.Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.

Listing Details MLS# 26032644

Location Property Info

County
Kent
Street #
1860
Street Name
Prairie
Suffix
Parkway
Post Direction
SW
State
MI
Zip Code
49519
Zip (4)
2678

General Property Info

Lot Measurement
Acres
Lot Square Footage
12720
Lot Acres
0.29
Lot Dimensions
2 X 150
Year Built
1967
New Construction
No
Cert of Compliance
Yes
Road Frontage
82
Total # Units
4
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Parking Spaces
4
Waterfront
No
School District
Wyoming
Basement
Yes

Tax Info

Tax ID #
41-17-15-254-003
Taxable Value
90816
SEV
212100
For Tax Year
2025
Seller's Annual Property Tax
5383.3
Tax Year
2025
Spec Assessment & Ty
NK
Zoning
R-4
Homestead %
0

Remarks Misc

Directions
Burlingame South Of 28th Street To Prairie Parkway, West To Property

Access Feat

Accessibility Features
No

More Information

Unit 1

Unit Description
1860 A
Identical Units
3
SqFt
850
Occupied
Yes
Monthly Rent
1300
Bathrooms
Yes
Full Baths
Yes

Unit 2

Unit Description
1860 B
Identical Units
3
SqFt
850
Occupied
Yes
Monthly Rent
1225
Bathrooms
Yes
Full Baths
Yes

Unit 3

Unit Description
1860 C
Identical Units
Yes
SqFt
700
Occupied
Yes
Monthly Rent
965
Bathrooms
Yes
Full Baths
Yes

Unit 4

Unit #
4
Unit Description
1860 D
Identical Units
3
SqFt
850
Occupied
Yes
Monthly Rent
1350
Bathrooms
Yes
Full Baths
Yes

Location & Property Info

Cross Streets
Taft Ave SW
Property Sub-Type
2 to 4 Units
Municipality
City of Wyoming

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs.Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash.With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses.Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.
Legal
LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes
FHA
Yes

Laundry Features

Laundry Room
Yes

Exterior Material

Brick
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Hot Water
Yes

Air Conditioning

Window Unit(s)
Yes

Tenant Pays

Electric
Yes

Driveway

Shared Paved
Yes

Substructure

Full
Yes
Other
Yes

Extras

Carports
Yes
Laundry Facility
Yes
Sep Electric Meter
Yes
Tenant Storage
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Property Features

Laundry Features: Laundry Room Exterior Material: Brick Roofing: Composition Substructure: Full; Other Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available Extras: Carports; Laundry Facility; Sep Electric Meter; Tenant Storage Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Hot Water Air Conditioning: Window Unit(s) Driveway: Shared Paved Terms Available: Cash; Conventional; FHA Possession: Close Of Escrow; Subject To Tenant Rights Sale Conditions: None
IDX
Listing Office: MOXIE Real Estate + Development
Listing Agent: Shawn Jacobs
Source MLS Verified
Last Updated: June - 29 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.